Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices 
Switzerland Industrial Production Jumps 5.5% in Q2 2026 
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks 
Wall Street Slides as Treasury Yields Surge to 19-Year High 
Gold Tops $4,500 as Dollar Slides After Treasury Bond Move 
UK Inflation Rises to 2.9% in July as Energy Costs Climb 
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts 
Add as a preferred source on Google
The United States manufacturing index slightly eased during the month of October, after having risen to 19-month high in September; manufacturing activity pulled back modestly in the Philadelphia region, but details of the report eased concerns about the durability of the factory sector.
The Philadelphia Federal Reserve Bank’s monthly index on regional manufacturing fell to 9.7 in October from 12.8 in September, which was the highest reading in 19 months, data released showed Thursday. Any reading above zero indicates that a net share of respondents saw a net increase in the level of general business activity.
The gauge of new orders jumped to 16.3 in October from 1.4 in the prior month. That is the highest level since Nov. 2014. The shipments index rose 24 points to 15.3. The equivalent New York Fed index fell to negative 6.8 from negative 2.
On an ISM-equivalent basis, the Philly Fed index rose to 51.5 in October, its best level since March, from 45.2 in September. A weak reading of 49.4 percent in the ISM index in August was seen as a warning sign about the factory sector. Meanwhile, the index recovered in September, rising to 51.5 percent in an index where readings over 50 percent indicate expansion.
